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David Ibnale

Managing Partner at Advance Venture Partners

San Francisco, California

Overview 

David Ibnale is the Co-founder & Managing Partner of Advance Venture Partners in San Francisco, CA. He has an impressive track record of leading investments in notable companies like Boulder Care, AutoLeap, and Alto Solutions, contributing to their growth and success. With a strong background in private equity and venture capital, David has strategically invested in companies across various sectors such as ClimateTech/CleanTech, Consumer Internet, and Enterprise, while serving on the boards of multiple successful organizations like Headspace and UrbanSitter.

Work Experience 

  • Co-founder & Managing Partner

    2014 - Current

    Advance Venture Partners (AVP) is an evergreen investment firm targeting high-growth tech and tech-enabled businesses. We generally make $10MM to $25MM initial investments in businesses that are generating revenue and have evidence of product-market fit, sound fundamentals, compelling growth, large end markets, and excellent founding teams. AVP is differentiated in part by its flexible and long-duration investment mandate - the firm's evergreen structure and permanent capital base enables it to be a unique long-term partner for founders and management teams at all stages. For more information, please visit www.avp.vc

  • Board of Directors

    2024

Boulder is a telehealth provider of treatment and long-term support for people with substance use disorders

Raised $85,163,534.00 from Advance Venture Partners, First Round Capital, Laerdal Million Lives Fund and Jeff Trost.

  • Board of Directors

    2023

  • Board of Directors

    2021

  • Board of Directors / Board Observer

    2020

Headspace specializes in providing mental healthcare, including coaching therapy and psychiatry, as well as meditation mindfulness tools.

Raised $320,853,477.00 from Oxford Finance LLC.

  • Board of Directors

    2019

Morning Consult is a global decision intelligence company changing how modern leaders make smarter, faster, and better decisions.

Raised $91,030,000.00 from Susquehanna Growth Equity, Advance Venture Partners and Lupa Systems.

  • Board of Directors

    2018

Affinity is a relationship intelligence platform built to expand and evolve the traditional CRM.

Raised $120,000,000.00 from Sway Ventures, Menlo Ventures, Sprints, Invus Opportunities, MassMutual Ventures, Advance Venture Partners, Teamworthy Ventures, Pear VC and Brian Sheth.

  • Board of Directors

    2017

UrbanSitter is an online hub connecting families with babysitters through social networks.

Raised $40,208,616.00 from Menlo Ventures, Aspect Ventures, First Round Capital, Advance Venture Partners, Rustic Canyon Partners, DBL Partners, Courtney Broadus, Canaan Partners and Eric Ver Ploeg.

  • Board of Directors

    2015

Nativo is an advertising technology platform for brand advertisers and publishers to scale, automate, and measure native ads.

Raised $60,918,996.00 from Capital IP Investment Partners LP.

  • Board of Directors

    2002

Ultra Clean Holdings provides manufacturing services and products such as semiconductors, thermal control, system integration, ect.

Raised $275,000,000.00.

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